MS International plc announced that the company have signed a contract with an overseas customer to supply in 2023 a number of land based mobile gun systems, which are aptly named MSI-DS TERRAHAWK VSHORAD dual feed weapon systems - mobile air defence. The total contract value to the Company is £22.4 million and the company is aiming to fulfil the contract as soon as practicable. Revenues under the contract are expected to be recognised during the 2023 calendar year.

This contract represents the Company's first sales of this new gun system.